20138 Lorne Ave, Maple Ridge, BC, MLS® R3009917

$1,899,900
Est. Mortgage /mo

$1,899,900
Est. Mortgage /mo
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now
0 Stories
lot 19236 sqft
0 sqft
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20138 Lorne Ave, Maple Ridge, BC | MLS® R3009917 Property Details

INVESTOR ALERT! This property has BIG potential for buyers looking for development or more..... The lot measures 160 feet in frontage by 120 feet in depth and is currently zoned RS-1 which allows for single family residential development. However, the Official Community Plan (OCP) supports a range of zoning options, including R1, RT-1 (Duplex), RT-2 (Triplex), CD-1-93 & RS-1B which provides significant development potential. In addition to huge opportunity, the character home is well kept and updated. Property has detached double garage with an RV bay, cleanout + storage room. Live, Enjoy, Hold, Rent or Develop, the possibilities are endless.

General Info

Price $1,899,900
Total Bedrooms -
Total Bathrooms -
Half Bathrooms -
Floor Area Total (sqft) -
Lot Size 19236
Lot Size Depth Feet
Lot Size Frontage 160.01
Basement Features BasementFeatures

Property Metrics

Year Built -
Age Of Building -
Building Type -
Property Type Land
Stories -
Building Features BuildingFeatures
Structures Land Only

Additional Details

MLS # R3009917
Area Maple Ridge
Neighbourhood Southwest Maple Ridge
City Maple Ridge
Gross Taxes $6,071.88
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Near Shopping
Fixtures Included -

Heating & Cooling

Fireplace -

Utilities

Utility Type Sanitary Sewer Available, Storm Sewer Available, Electricity Available, Natural Gas Available, Natural Gas Connected, Cable Connected
Water (WaterSource) Public

Parking

Total Parking Spaces -

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Strata Restrictions -
Rental Restrictions -
Zoning RS-1
Rental Suites -
# of Kitchens -
Locker -
View -
View Description -
Units In Development -
Exterior Features Private Yard

Property History

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Status Date Price

Listed by: Royal LePage Elite West & Royal LePage Elite West

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.

Neighborhood Info

Public Schools

Elementary
Hammond Elementary School
Average
0.9 km
Rating 6.9/10

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary
MEADOW MONTESSORI
0.99 km
No Rating
Elementary, Secondary
Maple Ridge Christian School
2.14 km
No Rating

Closest Transit

Translink
Westbound Princess St @ Hampton St
0.26 km

Welcome to 20138 Lorne Avenue, a beautiful property in the heart of Maple Ridge, BC! As your trusted realtor, I'm excited to share with you the unique features and benefits of this charming home. With its prime location and excellent amenities, this property is sure to impress.

Let's start with the schools. Hammond Elementary School is just 0.9 km from this stunning home, and it boasts a rating of 6.9/10. Families love this area because of its excellent education system, and Hammond Elementary is no exception. Plus, there are plenty of other top-notch schools in the area, including MEADOW MONTESSORI, a highly-rated independent school just 0.99 km away, and Maple Ridge Christian School, a secondary independent school with a rating of No Rating, located 2.14 km from this home.

Now, let's talk about crime rates. According to Statistics Canada's 2020 report, the neighbourhood surrounding 20138 Lorne Avenue has an overall crime rate of 10,310.11, which is above average compared to other Canadian cities. However, it's worth noting that the year-by-year change in the total crime rate is -13.72%, indicating a downward trend. Additionally, the drug crime rate is above average, with a rating of 361.76, and the property crime rate is average, with a rating of 3,824.61. There were 332 illegal substances lawbreaking disturbances in the neighbourhood in 2020, and the year-by-year change in the illegal substances offences ranking is -23.47%. While crime rates are an important consideration, it's essential to remember that this neighbourhood is generally considered safe, and the local police department works hard to keep the community secure.

When it comes to demographics, this neighbourhood is a great place to live. With a median household income of $86,080, it's above average compared to other areas in BC. Additionally, the median personal income is $37,986, which is also above average. The percentage of households with a mortgage is 73.1%, which is high, indicating a strong sense of community and investment in the area. The unemployment rate is 5.1%, which is low compared to other provinces. This neighbourhood is also growing, with a population change of 0.3% between 2011 and 2016, which is average for the region.

In terms of lifestyle amenities, this neighbourhood has plenty to offer. The closest bus station is just 0.26 km away, making it easy to get around without a car. There are also several parks, beaches, and hiking trails nearby, as well as a variety of shops, restaurants, and coffee shops. The average value of dwellings in this neighbourhood is $525,880, which is above average compared to other areas in BC. The average owner payments are also above average, with owners spending an average of $1,512 per month on their dwellings. Tenants, on the other hand, pay an average of $1,058 per month, which is average compared to other cities.

As for transportation, 6% of the population uses public transport, which is below average, while 86.2% use cars, which is average. 0.9% of people use bicycles, and 4.6% walk, both of which are average.

In summary, 20138 Lorne Avenue is a fantastic property in a wonderful neighbourhood. With its excellent schools, safe community, and plenty of lifestyle amenities, it's the perfect place to call home. Whether you're a family looking for a great education system or a professional seeking a convenient location, this property has something for everyone. So why wait? Contact me today to schedule a viewing and make this amazing property yours!

MLS® R3009917 - 20138 Lorne Avenue, Maple Ridge, BC

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Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $1,899,900
Maple ridge $2,133,000
Southwest Maple Ridge No comparables
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Listing Price Comparision

This house $1,400,000
Surrey

No comparables

Fleetwood Tynehead $1,399,000 -6.38%
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy
Dan Marusin
Dan Marusin
Renanza Realty
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
778-918-5990
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